Nike Signs Chris Williams As Endorser NBA Could Promote Obamacare CSN Bay Area Teams With You Can Play Twitter Detroit Officials Approve Red Wings Arena USOC Hires Benita Fitzgerald Mosley "Fight Master" Debuts Tonight On Spike MLS Names Gary Stevenson President Of New Unit ABC Earns 14.7 Overnight For Thrilling Game 6 NYRA Names Chris Kay President & CEO
Sections
SBD/21/Facilities Venues
Print All-
BENGALS BROWN SAYS TEAM MAY HAVE BEEN GONE IF VOTE FAILED
Bengals President Mike Brown admitted yesterday if the stadium vote failed in Cincinnati he "wouldn't have had any choice" and the team would have moved to Cleveland, according to today's Akron BEACON JOURNAL. Brown: "Our backs were to the wall with this thing, and I have a lot of roots in Cleveland." Brown still believes an established team will move into Cleveland by '99. Brown: "I would be very surprised if we [the NFL] expand to Cleveland. I know plenty of existing teams that would be happy and pleased to move there." Brown warned yesterday that Cincinnati stadium talks could "still fall apart," as new stadiums are contingent on a "significant financial contribution" from both teams. While Brown has offered $25-35M, Reds Owner Marge Schott has "pledged nothing so far" (Bart Hubbuch, Akron BEACON JOURNAL, 3/21)....Cincinnati Mayor Roxanne Qualls, on the vote: "We now have money for two new sports facilities. We have money to invest in what will be the renaissance of our community" ("Sports View," CNBC, 3/20). -
DEVELOPER EYES SPORT-ENTERTAINMENT COMPLEX IN PHILLY
Real estate developer Ronald Rubin, who helped broker Comcast's purchase of the 76ers, Flyers and two arenas, confirmed yesterday he is "laying the groundwork for a huge sports- entertainment complex in South Philadelphia that would include a new stadium," according to this morning's PHILADELPHIA INQUIRER. No deal is imminent, but Rubin's involvement and his ties to the Comcast-Spectacor venture make it all the more likely a new facility would happen. Rubin said he is not working with either team, but sources said his "energies have been directed toward a new baseball stadium." The facility would be surrounded by a sports-themed retail and entertainment complex, similar to Chelsea Pier in Manhattan. Rubin said Comcast is "not directly involved in talks about a new stadium," and Comcast Chair Ralph Roberts said, "We're not interested in building any more stadiums" (Sokolove & Rozansky, PHILA. INQURIER, 3/21).
-
MARICOPA COUNTY OK'S AGREEMENTS ON BANK ONE BALLPARK
The Maricopa County Board of Supervisors voted 4-1 to approve three agreements that will "govern the distribution of revenues and the management and use of Bank One Ballpark for at least the next thirty years," according to Eric Miller of the ARIZONA REPUBLIC. The agreements outline details of "critical stadium-use issues ranging from base rent to be paid" by the Diamondbacks to operation, maintenance, control and use of the stadium when the team is playing games and during the off-season. The team's stadium lease will be completed next year (ARIZONA REPUBLIC, 3/21).
-
NASHVILLE VOTES TO HEAD TO THE POLLS ON MAY 7 ON OILERS
The Metro Nashville Election Commission has set a referendum for May 7 to determine if voters want to issue bonds to pay for the city's $149M share of the Oilers relocation deal. State and local officials have already approved the $292M deal that would have the team play in a new stadium in '98. But Nashville Mayor Phil Bredesen has said if the referendum fails, "local efforts to attract the Oilers will stop," and the team will have to find a new city or return to the Astrodome (HOUSTON CHRONICLE, 3/21).
-
SEVERAL SIDES TO THIS STORY: BREWERS FINANCING STILL CLOUDED
A Brewers source said yesterday the team would meet the noon Friday deadline set by the local Stadium Board to obtain the team's $90M share of a new stadium, according to this morning's MILWAUKEE JOURNAL SENTINEL. But Kenneth Lamke quotes two separate sources close to discussions who claim the team does not have its "financial packaged nailed down." One "big problem" for the team obtaining a $50M loan from their bank, NationsBank, is the fact they want to use a $3.85M annual maintenance payment from the stadium board as backing for about $35-40M of the loan. A stadium board source noted the $3.85M is not expected to "pay back indebtedness," and that it is a variable, and depends on actual maintenance cost. The team source still expects the team to secure the $50M loan from NationsBank with guarantees from up to 10 local businesses. The team reportedly has been in "marathon meetings" with officials from Miller regarding a large sponsorship package including stadium naming rights (MILWAUKEE JOURNAL SENTINEL, 3/21).
-
STADIUM NOTES
The FL House tentatively approved a $2M tax break for the Heat to help pay for a new arena. Both the House and Senate are expected to give full approval to the tax break today (MIAMI HERALD, 3/20)....The relationship between West Palm Beach and the Braves has deteriorated to the point the team may look to play elsewhere next spring. The team has one more year on its lease before moving to a planned Disney complex (ATLANTA CONSTITUTION, 3/21)....After considering other sites, the Astros are expected to stay in Kissimmee, FL, for the next three springs (HOUSTON CHRONICLE, 3/21).
-
TIGERS SEE PENDING LAWSUIT AS ONLY OBSTACLE TO NEW PARK
Tigers President John McHale said one obstacle still faces the prospect a new ballpark for the club -- a lawsuit filed by the Tiger Stadium Club concerning a $55M grant from the Michigan Strategic Fund that would go toward land acquisition. McHale said once the suit is resolved, "we can get going" (DETROIT NEWS, 3/21). Both sides on the stadium issue say they will appeal the decision to be released today by local Judge James Giddings on the lawsuit, should they lose. City officials have "said they will seek an emergency bypass that would send the case straight to the Michigan Supreme Court" (Valarie Basheda, DETROIT NEWS, 3/21).




